Snow Wright's epitaxial LED lighting development has increased its share price

Announced on September 11, Snow Wright plans to increase + cash totaling 495 million yuan to acquire 100% equity of Fushun Optoelectronics. On September 14, the company announced that it plans to invest 10.856 million yuan to increase its capital and acquire 57.42% of Yike Optoelectronics. The snow-light plus-code LED industry has been highly recognized by the market, and has been on a daily limit for three consecutive days since the 11th.

Snowlight specializes in lighting appliances. Its main products include LED lighting, energy-saving fluorescent lamps and electronic ballasts, automotive xenon lamps and electronic ballasts, air purification and water treatment products, ultraviolet light sources and electronic ballasts and table lamps. Lighting and light applications. Among them, LED lighting is the star business of the company's key training and rapid development. In 2013, sales revenue increased by 3.86 times. In 2012 and 2013, the company achieved revenue of 422 million yuan and 392 million yuan, and realized net profit of 15.17 million yuan and 16.13 million yuan. The company's performance has developed steadily.

Only smooth is not enough, Shellett is also looking forward to the rapid development of performance. The company pays attention to the development strategy of endogenous and extensional emphasis, attaches importance to R&D and innovation investment, and continuously strengthens the market competitiveness of competitive core products. In 2013, it was selected as the “Second China Auto Accessories Industry” by China Automobile Supply Federation and State Intellectual Property Office. Jin Jun Award and "China Design Excellence Award".

Faced with the fact that the LED application industry has a large number of enterprises and low market concentration, the company integrates the excellent enterprises in the LED application industry with the resource allocation platform of the capital market, and intends to exert synergy effect and enhance the comprehensive competitiveness of the company through complementary advantages and resource integration. This week's two announcements are an important step in the company's extended development.

The plan shows that Fushun Optoelectronics, which was acquired this time, is mainly engaged in the R&D and sales of LED display and lighting application products and solutions. From January to June 2014, the net profit was 23.813 million yuan. Fushun Optoelectronics promised a net profit of not less than 45.4 million yuan, 54.5 million yuan, 64.7 million yuan, 74.3 million yuan from 2014 to 2017. After the completion of the fixed increase, Shellett's future performance will be significantly increased.

As the leading provider of LED lighting and display application products and system solutions in China, Fushun Optoelectronics adheres to the high-end development route and is based on self-developed customized platform for municipal engineering, financial telecommunications, road tunnels, advertising media, sports venues, etc. Mid- to high-end industry users, with urban and road lighting engineering, electronic engineering, building intelligent engineering and steel structural engineering professional construction qualifications.

After the completion of the transaction, with the extensive industry customer resources, diverse product sales channels and rich engineering project construction experience, Shelly can effectively develop indoor LED lighting and environmental purification market for municipal engineering, banking telecommunications, stadiums and other users. . At the same time, after the transaction is completed, the types and sequences of listed company's optical application products will be further enriched, which will help both parties to cover the lighting needs of existing customers.

Lighting Accessories

Lighting accessories section from our lighting and lighting range have everything you need to make your lighting complete. From our lighting accessories for the Lamp holder to choose suitable for various types of lights, for example, for track lights to choose suitable track and so on LED lighting accessories. We also have drives and dimmers for better lighting performance, allowing you a better lighting experience.

Lighting Accessories

Studio Lights,12 Volt LED Lights,LED Ring Light,Remote Light Switch

JIANGMEN LEDERLIGHT LIGHTING Co.,LTD , https://www.lederlight.com